Authorities in India have arrested Aleksej Besciokov, a foreign national linked to a massive cryptocurrency exchange accused of enabling criminal activities worldwide. The arrest took place in Kerala,

Indian authorities have arrested a Lithuanian man wanted by the US for allegedly running a $96 billion cryptocurrency exchange that allowed terrorist organizations, drug traffickers and cybercriminals to launder money.

Authorities in India have arrested a cryptocurrency exchange administrator wanted by the US for allegedly helping cybercriminals launder money and violate sanctions. Aleksej Besciokov, a Lithuanian citizen and Russian resident, was arrested in the southern state of Kerala on Tuesday, India's top investigative agency said.